PRIME POSITION WITH DA APPROVED TO DEVELOP 2562SQM

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68 Queens Road, Everton Park QLD 4053

FOR SALE | DA & BA APPROVED

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$1.8M - $1.98M High Confidence Calculated based on strong search observations.

Land 4 Cars 2562 m²

Listed: 31 days ago

Updated: 29 days ago

Overview

Positioned within a sought-after pocket of Everton Park, this significant 2,562sqm parcel of residential land offers a rare development opportunity with a development approval in place for eight townhouses, alongside a building approval that paves the way for immediate commencement of civil works. Its generous size and zoning provide versatility for a boutique developer or home builder aiming to establish a small freehold or strata-titled townhouse community.

The site is well-placed in a neighborhood that has demonstrated a strong appetite for residential sales and investment, underscored by several similar townhouse complexes completed nearby. This proven track record, combined with consistent rental returns in the area, presents potential for substantial long-term financial gain, making it attractive to both developers and landbankers.

Situated merely 8km from Brisbane’s city center, Queens Road serves as a central artery in this vibrant community, providing easy access to a range of essential amenities. Residents will appreciate the close proximity to multiple transport options, educational institutions including the adjacent Prince of Peace Lutheran College, medical facilities, and recreational areas such as Teralba Park and Everton Park Football Club. The nearby Everton Park Plaza, recently upgraded, offers a diverse culinary scene alongside major retail and supermarket outlets.

Short stroll to local bus stops along Queens Road
Walking distance to convenience stores and cafes
Nearby schools and medical centres within minutes
Close proximity to parks, shopping centers, and major hospitals
Access to public transport hubs including Grovely Station

This property is particularly suited to developers seeking a turnkey project with approvals secured, investors looking to capitalize on the steady rental market, or landbankers focused on long-term growth. The continuous infrastructural enhancements in Everton Park add further confidence for future appreciation and community development.

Local Market Insights

In Moreton Bay - South, Quiet Listings observed 15 new parcels of land entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $2,471,000. The property type mix of listed properties is predominantly Houses at 75%, followed by townhouses (13%), and units (5%). The most active agency for land in the Moreton Bay - South area is currently Ray White, representing 53% of new listings, followed by Belle Property with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.